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Old 08-31-2010, 09:42 PM  
Ron Bennett
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Join Date: Oct 2003
Posts: 1,653
Adjusting for inflation, the numbers aren't so hot, but not totally bad either.

However, a bigger issue not addressed in such statistics, even when measuring by per capita, is HOW MANY JOBS / HOURS did one work in 1980 verses 2009?

Many people back in 1980 worked 1 job at around 40 max hours per week, and often with decent benefits...

Contrast that to today in which many work more than 1 job and working 50-60 hours is common plus must pay a lot out of pocket for things that were once employer subsidized (ie. health benefits). When viewed in that context, the per capita income stats are far worse than they appear.

Ron
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